The probability of the Federal Reserve keeping interest rates unchanged in April is 92.8%

On March 24th, data from CME's "Federal Reserve Watch" showed that the probability of the Fed raising interest rates by 25 basis points in April was 7.2%, and the probability of keeping rates unchanged was 92.8%. The probability of a cumulative interest rate hike of 25 basis points by June is 9.1%, the probability of a cumulative interest rate hike of 50 basis points is 0.2%, and the probability of maintaining interest rates unchanged is 90.7%.